Emerging Trends in Telehealth Market 2020 - North America Expected to Account for Largest Share of Telehealth Narket, Followed by Europe

#Complete Report on Telehealth Market spread across 208 Pages, Profiling 14 Companies and Supported with 130 Tables and 41 Figures is now available at http://www.reportsnreports.com/reports/403164-telehealth-market-by-component-hardware-blood-glucose-meters-software-integrated-services-remote-monitoring-real-time-interactions-end-user-providers-patients-by-delivery-mode-on-premise-web-cloud-trends-global-forecast-to-2020.html .
Key players in telehealth market are as follows Philips Healthcare (The Netherlands), Medtronic plc (Ireland), Honeywell Life Care Solutions (U.S.), Tunstall Healthcare (U.K.), Care Innovations (U.S.), Cerner Corporation (U.S.), Cisco Systems, Inc. (U.S.), Medvivo Group Ltd. (U.K.), GlobalMedia Group, LLC (U.S.), Aerotel Medical Systems Ltd. (Israel), AMD Global Telemedicine, Inc. (U.S.), American Well (U.S.), InTouch Health (U.S.), and Vidyo, Inc. (U.S.).
Stakeholders of the Telehealth Market are Healthcare IT Service Providers, Healthcare Insurance Companies/Payers, Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, and Outpatient Clinics), Venture Capitalists, Government Bodies, Corporate Entities, Market Research and Consulting Firms, Medical Device Manufacturers, Accountable Care Organizations, Community Centers and Telehealth Resource Centers.

The telehealth market is projected to reach USD 9.35 billion by 2021 from USD 2.78 billion in 2016, at a CAGR of 27.5% in the next five years (2016 to 2021). Healthcare industry is undergoing a fundamental transformation globally—a shift from a volume-based business to a value-based business. Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes.

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In coming years, telehealth market is expected to witness highest growth in Asia-Pacific region, with emphasis on India, China, and Japan. This can be attributed to factors such as growth in geriatric population in Japan, favorable initiatives for adoption of telepathology in China, and low doctor-patient ratio and high internet penetration in India.

North America is expected to account for largest share of global market. In U.S., market is driven by rising healthcare costs, upcoming regulatory policies, rising prevalence of chronic diseases, shortage of physicians, implementation of Affordable Care Act (ACA), and increasing funding for telehealth.

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North America expected to account for largest share of telehealth market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). In U.S., telehealth market driven by rising healthcare costs, upcoming regulatory policies, shortage of physicians, growth in geriatric population, implementation of the Affordable Care Act (ACA), and increasing funding for telehealth.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the products and services offered by top players in th etelehealth market. The report analyzes the telehealth market by component, mode of delivery, and end user.
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the telehealth market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for telehealth across regions.

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